Back to www.cobrasmarketview.com

10/18/2011 Intraday Watering

flight23
Posts: 26
Joined: Tue Sep 27, 2011 3:03 pm

Re: 10/18/2011 Intraday Watering

Post by flight23 »

Movement at the end of the day had nothing to do with technicals, 100% to do with false rumors.
3pm: Guardian article about 2T bailout virtually agreed upon.
3:15: Merkel aid says no comment.
3:20-25: Source says amount not nearly 2T.
3:50: Source says rumors completely false.
User avatar
Cobra
Site Admin
Posts: 58335
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/18/2011 Intraday Watering

Post by Cobra »

trader0303 wrote:
Cobra wrote:now all you need to remember is cobrav, instead of long name.

also, cobramarketview.com = cobrasmarketview.com = cobrav.com, hopefully these eliminate some typing errors.
Cobra, you know we all have you as our home page anyways :lol:
thanks. :mrgreen: You'd have let me know earlier so that I can save some registering money. :mrgreen:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
txsky
Posts: 18
Joined: Tue Oct 11, 2011 4:09 pm

Re: 10/18/2011 Intraday Watering

Post by txsky »

It is amazing!
Thank you Cobra! Have a nice evening!
Cobra wrote:guys, I clearly said before the price surge: the 1st up leg since the Oct 4 wasn't over yet, right? That made my day! :lol: :mrgreen: :mrgreen:
User avatar
CognitiveDissonance
Posts: 430
Joined: Mon Aug 29, 2011 9:24 am

Re: 10/18/2011 Intraday Watering

Post by CognitiveDissonance »

MrMiyagi wrote:
Cobra wrote:the price holds well. if only could hold until the close, bears would be disappointed.
I don't see ANY reason today (short of fabricated news) that this price wouldn't hold.
Too bad I sold my TNA this morning but a profit is a profit.
It looks like the price spike came from fabricated news.
@cognitivebias1
User avatar
Unique
Posts: 3911
Joined: Tue Sep 06, 2011 3:19 pm

Re: 10/18/2011 Intraday Watering

Post by Unique »

Cobra wrote:well, guess that's if for today. life is full of surprise, there's nothing guaranteed in the stock market. I need dig more tonight. thank you guys, I'll see you tomorrow.
"I told ya", anything is possible these days :D

Bernanke days usually have wild swings...

Thanks Cobra, see you tomorrow.
Restarted the AAPL blog into E-mini S&P 500 Trading Blog , see here: http://aapltechnicals.blogspot.ca/
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Re: 10/18/2011 Intraday Watering

Post by MrMiyagi »

Bullish engulfing candlestick on SPY, as far as my not too strong candlesticking skills detect.
Image
ultramarine
Posts: 194
Joined: Fri Aug 26, 2011 9:25 am

Re: 10/18/2011 Intraday Watering

Post by ultramarine »

I can see that bonds did not confirm this move higher. The short bond ETFs like TBT made lower highs today compared with last week. Euro also.
737controller
Posts: 43
Joined: Mon Sep 19, 2011 2:59 pm

Re: 10/18/2011 Intraday Watering

Post by 737controller »

Hope nobody has apple .....
seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 10/18/2011 Intraday Watering

Post by newbie_77 »

i guess there is first time for everything :D first miss ....
User avatar
Cobra
Site Admin
Posts: 58335
Joined: Sat Feb 12, 2011 10:29 pm

Re: 10/18/2011 Intraday Watering

Post by Cobra »

seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:

Like to read more of my commentaries? Please subscribe my Daily Market Report.
Subscribers can find all the members only posts HERE.
StockCharts members, please vote for me HERE, thanks.
txsky
Posts: 18
Joined: Tue Oct 11, 2011 4:09 pm

Re: 10/18/2011 Intraday Watering

Post by txsky »

OMG!
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
User avatar
MrMiyagi
Posts: 10326
Joined: Sun Oct 16, 2011 12:48 pm

Newton's law.

Post by MrMiyagi »

I surmised over and over about everyone expecting AAPL to beat earnings and there it is.
This might top the rally even with INTC and YHOO beating their estimates.
seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
User avatar
jarbo456
Posts: 2218
Joined: Wed Aug 10, 2011 9:19 am
Location: New York, NY

Re: 10/18/2011 Intraday Watering

Post by jarbo456 »

seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

-_-
User avatar
EvilTrader
Posts: 675
Joined: Tue Feb 15, 2011 2:40 pm

Re: 10/18/2011 Intraday Watering

Post by EvilTrader »

$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
newbie_77
Posts: 300
Joined: Fri Jul 29, 2011 1:47 pm

Re: 10/18/2011 Intraday Watering

Post by newbie_77 »

but they guidance for next qtr is way above estimate...
* December quarter EPS: $9.30 vs. $8.96 expected
so they should be fine i.e market will be up tomorrow no matter what.
seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

jarbo456 wrote:
seekingknowledge wrote:
Cobra wrote:
seekingknowledge wrote:Apple misses. 7.05 vs. 7.39. Stock moving down. Presently down 5.5% as I post this.
well, finally that 100% beat rate is history. :roll:
Amazing, hey?!
my question is...who the hell knew apple was going to miss and put out the EFSF bailout rumor at 3pm to ramp this market up before dumping into the close?!?!

I couldn't agree with you more!! So glad others are thinking same thing. I have been b**ing to my husband about this! Total, total manipulation is what I told him. Three months of "in-your-face" manipulation in the market. Where the Sam-hill is the SEC??!

-_-
seekingknowledge
Posts: 164
Joined: Thu Aug 25, 2011 8:46 am

Re: 10/18/2011 Intraday Watering

Post by seekingknowledge »

EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
That is, indeed, a good one! Thanks, EvilTrader! :D
ActiveTrader
Posts: 64
Joined: Tue Feb 15, 2011 6:54 pm

Re: 10/18/2011 Intraday Watering

Post by ActiveTrader »

seekingknowledge wrote:
EvilTrader wrote:$NYMO posted negative divergence today.

If you want a reliable top signal, there you have it, with all the speculative drama. :lol:
That is, indeed, a good one! Thanks, EvilTrader! :D
There is clear negative divergence building between SPX and the McClellan Oscillator. See attachment.
mcclellanocs.png
Post Reply